Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam - 2022

Contents:

  1. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam (CIF) - 2022
  2. Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam (FOB) - 2022
  3. Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam
  4. Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam (CIF) - 2022

In 2022, the average import price for vitamins; vitamin B6 and its derivatives, unmixeds amounted to $25,451 per ton, picking up by 15% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 47%. As a result, import price reached the peak level of $50,493 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($25,451 per ton), while the price for Germany stood at $25,451 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.3%).

Price for Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam (FOB) - 2022

The average export price for vitamins; vitamin B6 and its derivatives, unmixeds stood at $23,126 per ton in 2022, surging by 3.3% against the previous year. Over the period under review, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. As a result, the export price attained the peak level of $51,125 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($23,133 per ton), while the average price for exports to Indonesia ($23,114 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+22.6%), while the prices for the other major destinations experienced a decline.

Imports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam

For the third year in a row, Vietnam recorded decline in purchases abroad of vitamins; vitamin B6 and its derivatives, unmixeds, which decreased by -2.3% to 198 tons in 2022. Over the period under review, imports recorded a abrupt downturn.

In value terms, imports of vitamins; vitamin B6 and its derivatives, unmixeds expanded markedly to $5M in 2022. Overall, imports continue to indicate a deep slump.

Import of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.25.34.44.7-8.8%
Germany0.20.4N/A0.314.5%
Others0.1N/AN/AN/A0%
Total6.45.74.55.0-7.9%

Top Suppliers of Vitamins; Vitamin B6 and Its Derivatives, Unmixed to Vietnam in 2022:

  1. China (185.7 tons)
  2. Germany (11.7 tons)

Exports of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam

In 2022, overseas shipments of vitamins; vitamin B6 and its derivatives, unmixeds decreased by -70% to 3.4 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 36% against the previous year.

In value terms, exports of vitamins; vitamin B6 and its derivatives, unmixeds fell markedly to $79K in 2022. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 when exports increased by 19%. As a result, the exports attained the peak of $287K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vitamins; Vitamin B6 and Its Derivatives, Unmixed in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia32.052.170.448.314.7%
Lao People's Democratic Republic27.016.513.221.5-7.3%
Indonesia90.01059.19.5-52.7%
JapanN/A26.8N/AN/A0%
BelgiumN/AN/A83.2N/A0%
ChinaN/AN/A80.0N/A0%
Singapore82.086.8N/AN/A5.9%
Others10.8N/AN/AN/A0%
Total24228725679.3-31.1%

Top Export Markets for Vitamins; Vitamin B6 and Its Derivatives, Unmixed from Vietnam in 2022:

  1. Cambodia (2.1 tons)
  2. Lao People's Democratic Republic (0.9 tons)
  3. Indonesia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vitamins; vitamin B6 and its derivatives, unmixed - Vietnam